Ethereum Contributor Transfers More Than 630 Ether for the First Time in a Transaction
In the world of cryptocurrency, it's not uncommon for wallets to go dormant for extended periods. However, recent events have shown a resurgence of activity from some of the oldest, long-dormant wallets, particularly in Bitcoin and Ethereum.
Bitcoin's Long-Dormant Wallets Wake Up
Bitcoin has seen a significant increase in activity from wallets that have been inactive for over 15 years. One such example is a wallet from as early as 2010, which moved a substantial amount of BTC after more than a decade of inactivity [2][4]. These movements have attracted market attention due to their potential to indicate future selling pressure or market shifts.
Ethereum's Wallets Show Increased Activity but No Explicit Dormant Wallet Reactivation
While there is less specific data about historic Ethereum wallet reactivation, there has been an increase in Ethereum holdings and platform activity. Exodus Movement, a major crypto platform, reported an increase in Ethereum holdings to 2,742 ETH as of July 2025, alongside growth in monthly active users from 1.5 million in June to 1.7 million in July 2025 [1][5]. This suggests increased activity and engagement in Ethereum wallets on that platform.
Coinbase's Role in Dormant Wallet Activity
When it comes to Coinbase, the data does not indicate a distinct trend or evidence of long-dormant wallets becoming active again. However, one early Bitcoin miner’s wallet linked to Coinbase mining rewards (not the exchange itself) was reactivated, illustrating that some historic BTC wallets related to Coinbase's early mining transactions have shown activity [4].
A Trend Emerges
This pattern mainly highlights Bitcoin’s long-term holders re-engaging, with Ethereum activity rising through platform growth rather than explicit dormant wallet reactivation. It's important to note that the identity of the wallet owners remains unknown, adding an element of mystery to these events.
As the cryptocurrency market continues to evolve, it will be interesting to see if this trend of long-dormant wallets becoming active again continues. Stay tuned for more updates on this fascinating development.
[1] Exodus Movement: https://www.exodus.io/ [2] Blockchain.com: https://www.blockchain.com/ [4] Coinbase: https://www.coinbase.com/ [5] Ethereum: https://www.ethereum.org/
Investing in Bitcoin and Ethereum has been stirred by the unexpected reactivation of long-dormant wallets, which has been a significant trend in the finance sector of cryptocurrency technology lately. Though there is less explicit evidence in Ethereum wallet reactivation, the increase in Ethereum holdings and platform activity, as observed in Exodus Movement, hints at increased investing in Ethereum technology.
